M-PESA registers 21,000 users in South Africa Published by Staff Writer on 8 November 2010 M-PESA currently has 21,000 registered users in South Africa, Vodacom CEO Pieter Uys said in a radio interview with Moneyweb.
Pick n Pay moves into Mozambique Published by Staff Writer on 8 November 2010 South African supermarket group Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.
Nigeria: Lagos apparently better than Abuja for business Published by Staff Writer on 8 November 2010 Foreign business people should think twice before deciding to promote their products in Nigeria’s capital Abuja instead of Lagos.
Pick n Pay sees ‘upside potential’ in Zimbabwe Published by Staff Writer on 3 November 2010 South African retailer Pick n Pay confirmed yesterday that it had purchased another 24% of Zimbabwe operation TM Supermarkets, where it already has a 25% share, bringing its total shareholding to 49%.
Actis increases stake in West African power plant Published by Staff Writer on 2 November 2010 Actis, a private equity investor focused solely on emerging markets, has confirmed that its portfolio company, Globeleq, has acquired a majority interest in the Azito gas-fired power plant near Abidjan in Cote d’Ivoire.
African agriculture ‘not entirely a private sector affair’ Published by Staff Writer on 2 November 2010 Kwaku Owusu-Baah, Director of Economic Studies of the Inter-African Coffee Organisation, decries the neglect of agriculture by both African governments and development institutions.
Improve your yields with the right products and expertise Published by Staff Writer on 1 November 2010 Terason, an innovative South African company, assists farmers across Africa to increase their yields and improve crop quality. We spoke to Gideon Hefer, Terason’s financial director, about the company’s solutions for the agriculture sector
Woolworths eyeing Angolan market Published by Staff Writer on 27 October 2010 South African retailer Woolworths is looking at entering the Angolan market.
Lesotho to open stock exchange before end of next year Published by Staff Writer on 26 October 2010 Lesotho is planning to launch a stock exchange before the end of 2011, Bloomberg reported today.
Weekly jobs round-up: 18 – 24 October 2010 Published by Staff Writer on 24 October 2010 The following jobs were posted on the How we made it in Africa Job Board over the past week.
Zim stock feed plant to close due to shortage of raw materials Published by Staff Writer on 17 October 2010 National Foods Ltd., the Zimbabwe Stock Exchange-listed agri-business company, has said that it will next month close its Bulawayo stockfeed factory due to a short supply of inputs.
Telkom launches 8ta mobile network in South Africa Published by Staff Writer on 14 October 2010 South African telecommunications company, Telkom, launched its new mobile brand 8ta on Thursday evening.
Rwanda: Demand for cement spurs need for increased production capacity Published by Staff Writer on 10 October 2010 A 700,000 tonne per annum cement plant is to be constructed in Rwanda to satisfy local demand for the building material which continues to be high.
Weekly jobs round-up: 4 – 10 October 2010 Published by Staff Writer on 10 October 2010 The following jobs were posted on the How we made it in Africa Job Board over the past week.